1. The provisions of this Regulation and of rules adopted for its implementation shall not prevent a Member State from reacting immediately to an unforeseen safety problem which involves a product, person or organisation subject to the provisions of this Regulation.

1. The provisions of this Regulation and of rules adopted for its implementation shall not prevent a Member State from reacting immediately to an unforeseen safety problem which involves a product, person or organisation subject to the provisions of this Regulation.

(m) to establish the requirement that the financial institutions, and any other entities subject to the obligations relating to the prevention of money laundering, urgently communicate all useful information to the competent public authorities when there are legitimate suspicions that certain funds might be channelled into terrorist activities or, more generally, to terrorist networks; the prerequisite laid down in a definition of 'suspected' should be stringent, it should not be possible for the criminal-law provisions relating, for example, to money laundering and terrorist acts to be used to institute legal proceedings for other type ...[+++]s of crime and these provisions ought therefore to accord with the principles in the Corpus Juris, and the definition of the concept of 'suspected' should be such as to attain the stated objective and be proportionate;

establish the requirement that financial institutions, and any other entities subject to obligations relating to the prevention of money laundering, urgently communicate all useful information to the competent public authorities when there is reason to suspect that certain funds might be channelled into terrorist activities or, more generally, to terrorist networks; the concept of 'suspect' should be rigorously defined, it should not be possible for criminal-law provisions relating, for example, to money laundering and terrorist activity to be used to prosecute other types of crime and such provisions ought therefore to accord with the ...[+++]principles in the Corpus Juris , and the definition of the concept of 'suspect' should be such as to meet the stated objective and be proportionate;

Moreover, the second subparagraph of Article 4(5) of the Sixth VAT Directive stipulates that, if the public bodies engage in the abovementioned activities and transactions, they shall be considered taxable persons in respect of these activities or transactions where treatment as non-taxable would lead to significant distortions of competition. Consequently, a public body is taxable when the condition in Article 4 (5) second paragraph – significant distortions of competition - is met.

Make it clear in the provision that, if a disclosure is permitted by some institution subject to the Access to Information Act, if it's permitted to disclose it, it should be allowed to continue with its disclosure practice under the Access to Information Act.